Modesta Real Estate leases Bratislava tower for 6 years

30
May
2019
News - Modesta Real Estate leases Bratislava tower for 6 years #Bratislava #lease #Modesta Real Estate #office #Slovakia

by Property Forum | Office

Modesta Real Estate continues to be the exclusive broker for lettings in Westend Tower, Bratislava. The company successfully arranged office space for a large number of companies over the past few months. In addition to many new contracts, the leases of some major companies have recently been extended. These include international companies such as Kovintrade and the pharmaceutical and biotechnology company Adamed.


The 16-storey Westend Tower is located in the west of Bratislava's city centre. With a total area of approximately 9,400 sqm it offers space for companies from a wide variety of business sectors. Current tenants include Pavlovic Sports, Energie2, CDIT Solutions, Regos, ACC Management and Auto1 Polska.

Westend Tower also provides the so-called Flexi Floors which, among other features, provide office units from approximately sqm. They are offered under flexible rental conditions so that tenants are not tied to long-term contracts.

Westend Tower is well linked to Bratislava's public transport system and to the city's most important transport connections. The nearby D1 and D2 motorways connect Bratislava with Vienna, Brno and Prague, which is why the location is particularly attractive to major international companies.

Westend Tower changed hands in 2017. The Czech investment bank Wood & Co acquired the Tower from international commercial real estate company CTP. Prior to that, the office building was owned by AXA Real Estate.

"Modesta Real Estate was already selected by AXA Real Estate as the exclusive agent for the Tower and we are pleased that the previous owners recommended us to their successors. The large number of new lettings in recent months, as well as the successful contract renewals, show, that the Tower is very attractive as an office location," says Ing. Peter Miščík, Partner and Authorised Representative at Modesta Real Estate in Slovakia.




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  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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